Inventory Control Manager Overview

* Plans and/or controls inventory of finished goods for sales warehouses, distribution centers, and factory mixing points to meet sales and distribution demand.
* Prepare and analyze data and Figures regarding inventory levels, inventory positioning, and planned production and sales forecasts.
* Develops and maintains inputs to inventory system.
* Coordinates liquidation and transfer of stock to reflect cost, age, and demand.
* Initiates immediate actions in out-of-stock situations.
* Coordinates with traffic, production planning, and warehouse personnel to ensure appropriate routing, scheduling, and storing of goods

* Manage the inventory control, driver check-in and quality assurance functions effectively and directs staff to identify and resolve variance, and potential variances, to achieve an accurate perpetual inventory count and protect company assets
* Maintain, develop, and implement procedures that ensure the highest levels of inventory accuracy are achieved while minimizing the amount of shrink incurred
* Manage the driver check-in function ensuring that all dues are collected and deposited intact and in a timely manner, all obligations are accounted for and imaged, and all obligation adjustments are accurately made in a time manner
* Review daily inventory reports for possible errors and reports information to Finance, Operations, and Merchandise departments
* Organize and facilitate shrink meetings and identify the root causes for shrink
* Participate in the hiring and training of inventory associates
* Responsible for performance management and development of inventory associates
* Manage the Product Recall process
* Ensure that the Company is HACCP compliant

* Lead by example, "get your hands dirty" management style and work ethic.
* Oversee the planning and execution of the following activities related to the receiving, inspection, test, processing, storing, and/or shipping of materials or finished goods to ensure we achieve our monthly revenue targets.
* Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work.
* Ensure repairs are being processed with the prescribed time frames.
* Ensure materials are received from proper vendors, delivered to inventory, and that finished goods are packaged according to specification and shipped in a timely manner.
* Review receipt of all materials to ensure purchase orders are open and the quality of materials received is correct.
* Provide backup to all warehouse activities as required.
* Develop, implement and manage proper inventory control procedures and processes to ensure inventory accuracy.
* Maintain a clean, safe and well organized department.
* Challenge the status quo and drive improvements.
* Provide statistical and analytical data to management staff.
* Work collaboratively with a variety of departments.
* Maintain documentation to reflect the effectiveness and efficiency of department activities.
* Select, develop, and evaluate personnel to ensure the efficient operation of the function.
* Provide effective, positive leadership to motivate a team of hourly employees.
* Participate and provide leadership in problem solving and corrective action processes.
* Coach employees for attainment of Company and individual goals and objectives in accordance with Company guidelines and performance management system.
* Manage all aspects of import/export compliance for international shipments.
* Actively participate and support company initiatives, policies and procedures in Safety, Lean Manufacturing, 5S and continuous improvement.
* Examine, recommend and implement systems, controls, procedures and policies that improve efficiency and accountability.
* Analyze safety, quality and productivity issues and take corrective measures.
* Coordinate with finance/accounting on matters involving inventory-carrying costs.
* Create and maintain procedures and work instructions for all stockroom and inventory control functions.
* Manage formal cycle count program.
* Determine and implement improvements needed to correct inventory/procedural deficiencies.
* Will need the ability to lift up to 50 pounds with or without reasonable assistance

* Develops and implements improvements to maximize operating productivity, quality and efficiency to minimize total cost of inventory in a manner consistent with company objectives.
* Develops and oversees cycle counting strategy to maximize productivity.
* Reviews specific inventory items daily with management to determine cutback/substitution decisions.
* Oversees any administration in the department including report generation, verifying computer counts against physical inventory, sales orders, and purchase orders to ensure accurate inventory count.
* Oversees research and reconciliation of SKU’s and approves deletions or changes.
* Compiles information on receipt or disbursement of material, equipment, merchandise, or supplies and computes inventory balance, price and cost.
* Prepares, schedules, and conducts physical inventory planning and execution.
* Works with operations to ensure all products are well organized and adequately labeled.
* Develops and maintains quality control programs to ensure each inventory adjustment is consistent with company standards including researching and finding root causes of inaccuracies and discrepancies discovered by backorders, cycle counts, negative quantities.
* Maintains a working relationship with corporate finance department, internal and external auditors to provide inventory transactional research.
* Measures and reviews supplier performance and participates in supplier continuous improvement programs ensuring suppliers meet quality and regulatory requirements; initiates appropriate action when quality or compliance deficiencies are identified.
* Manages a department to ensure achievement of functional and budget/financial goals.
* Supervises assigned employees including staff selection and training; planning, assigning and directing work; conducting performance reviews; rewarding and disciplining employees; addressing complaints and resolving problems.
* Understands and observes all safety procedures and practices and ensures that employees observe all safety procedures and practices in order to prevent injuries or damage; schedules periodic safety meetings and solicits recommended changes to improve safety procedures.
* Other duties may be assigned.
* COMPETENCIES
* Knowledge of material management and supply chain function
* Knowledge in inventory control practices and processes
* Strong organizational and time management skills
* Excellent oral and written communication skills
* Ability to read, analyze and interpret general business periodicals, professional journals, technical procedures or governmental regulations.
* Strong organizational and time management skills
* Ability to supervise and achieve work productivity through others
* Ability to work independently to find, define and solve departmental issues or problems.
* Ability to use tact and skill in dealing with other staff, management and vendors
* Proficiency in Microsoft Office Suite and an enterprise resource planning (ERP) program
* Knowledge of inventory control software and systems

* Develop subject matter expertise regarding
* Operational and systemic flow of inventory through the Memphis Nike owned and Third Party managed distribution facilities
* Accounting policies related to inventory; specifically,
* Cycle Counting
* Inventory Adjustments
* Period end valuation and reporting
* Associated internal controls over financial reporting (SOX)
* Inventory Accuracy and Supply Chain metrics
* Using your subject matter expertise
* Develop metrics, measurements and reporting to provide Operations and Controlling/DS2P with better insights into:
* Gross, Net and Location inventory accuracy
* Potential inefficiencies in existing operations processes
* Number of inventory adjustments and root cause(s)
* Monitoring and Cross-functional root cause remediation: Virtual, Locked and Lost inventory; Short Shipments; Aged Transactions; etc.
* System imbalances (WM vs SAP) and resolution rationale
* Ensure accuracy and timeliness of data, analytics and reporting
* Collaborate with Operations and Controlling/DS2P teams to develop and/or influence Global Accounting and Operational policies (e.g., recognition and existence of inventory, accounting inventory policy, operations best practices), transaction processes, systems, controls and compliance
* Identify improvement opportunities with the existing technologies to deliver enhanced reporting and better information to support business decisions
* Liaise with Geography Controlling/DS2P and Operations teams as necessary to maintain Cycle Count reporting and inventory accuracy in compliance with NIKE Accounting Policy.
* Liaise with Global and Geography Supply Chain and Controlling/DS2P teams as necessary to advance global inventory reporting initiatives
* Work closely with cross-functional counterparts on special projects and problem resolution
* Maintain and drive continuous LEAN improvement, while collaborating with others, on owned processes to drive greater efficiency and effectiveness